Comprehensive, systematic, and effective risk prevention and management practices sustain the organization's ability to positively impact the communities and people it serves by reducing its risk, loss, and liability exposure.
The organization's practices fully meet the standard, as indicated by full implementation of the practices outlined in the RPM 3 Practice standards.
Practices are basically sound but there is room for improvement, as noted in the ratings for the RPM 3 Practice standards.
Practice requires significant improvement, as noted in the ratings for the RPM 3 Practice standards.
Implementation of the standard is minimal or there is no evidence of implementation at all, as noted in the RPM 3 Practice standards.
Written notification to staff and governing body describing insurance coverage including the extent and limits of such coverage
Policy for legal assistance to personnel against whom claims are made
Procedures for identifying and verifying provider insurance
Current insurance policies with descriptions, amounts, and dates of coverage
Results of most recent annual assessment of insurance needs
Documentation of insurance verification
Copy of written communication to providers regarding required insurance
Interviews may include:
Interviews may include:
The organization annually assesses insurance needs in consultation with insurance professionals or experienced legal counsel, and obtains coverage that is commensurate with the scope and complexity of its services.
The organization's practices reflect full implementation of the standard. The organization obtains professional consultation about appropriate coverage.
Practices are basically sound but there is room for improvement; e.g.,
Insurance needs are reviewed annually, however coverage may be insufficient in some areas.
Practice requires significant improvement; e.g.,
Insurance needs have not been reviewed for more than two years; or
Coverage is clearly inadequate in one key area.
Implementation of the standard is minimal or there is no evidence of implementation at all.
provides written notification to the governing body and personnel of the amount and type of insurance coverage related to the scope of their activities performed on the organization’s behalf;
advises the governing body and personnel of the extent and limits of liability coverage; and
provides and assumes the cost of legal assistance to personnel against whom claims are made related to lawful, authorized actions taken within the course and scope of their duties.
All personnel and governing body members must receive this information at the initiation of their association with the organization and when any changes to the level and/or type of insurance coverage occur.
This standard does not require the organization to provide assistance to personnel who commit unlawful acts or acts that are not conducted in the course of, or in furtherance of, their employment. In addition, this standard does not require the organization to provide legal assistance to personnel if the organization’s legal counsel determines that doing so would constitute a conflict of interest.